Thursday, April 14, 2011 3:58:56 PM
btw - the enemy KNOWS how undead we are. You think the hedgies are worried? They lawyered up fast and sweating like a worm in a chicken coop.
BR is worried. Trying to ram this through in Dec, slowed to a scuttle, now he's actually doing some hw trying to match what PJ has. You know he's hating that. Absolutely hating having to disclose a correct asset list. You know he will try as hard as possible to loophole and devalue every red cent out of it. I would bet he brings lower than book value to every asset, then he buys some more time--"ohh you didnt want bs value?"
The only composed opposition I see is the FDIC, and they are not signing sh!t without releases---and those aren't going to be free. Thats the only reason they are trying now to sue WaMu execs with the frivolous lawsuits.
If this is closed in December, you wouldnt hear a god derng peep about wamu again--- to be forgotten.
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